Some definitions…
Friday, April 28, 2006
I’ve been working on some definitions for reputation and identity which I hope will help to focus my work and clarify what exactly I’m focusing on. What exactly do I mean by “reputation” and “identity”? Why is reputation valuable? I’m glad you asked.
Premise
The quality of the transactions you engage in with other people builds your reputation.
Therefore:
If your reputation gives you access (discounts, use of objects, etc.),
and
If this access has a corresponding value to you,
Then reputation could be used as currency.
Once reputation is a currency (i.e.: has real value) then various scenarios are possible. Some of these scenarios are outlined in the Applied Dreams presentation.
Reputation
Reputation is your history of behavior as reflected through person-to-person transactions (or potentially person-to-object or person-to-service transactions). These historical transactions build your reputation, with “reputation” itself as the momentary or immediate summation of your history.
The value of reputation lies in helping to mitigate risk in future transactions. The assumption is that if you know what I’ve done in the past, then you may have a better chance at predicting my behavior in the future.
Reputation has a trend component which is just as important as the immediate summation of historical transactions. Specifically, a more recent transaction potentially holds greater weight than older transactions. For example, losing a borrowed book when I was five is less relevant than if I lost a borrowed book yesterday. Making this information available to others may impact your transactions by making it easier to more difficult to gain access, e.g.: your discount increases or decreases, your social circle of willing lenders may expand or contract.
Identity
Your identity is in part a reflection of your reputation, and as such has a component which is constantly in flux. Identity has a grounded component which never changes (your “constant” identity) and a flexible component which reflects your current reputation and its trend. By proxy, then, your reputation trend also becomes part of your flexible identity and is as important as the reputation value (number) itself.
I realize that establishing your “constant” identity is extremely important—one person must have only one constant identity. However, in my thesis I am not interested in pursuing issues of verification and authentication.
In a future post I’ll define “transactions” and “ratings” and clarify some other reputation management system mechanics, but for now I need to hit the sack.